Carpenter Technology Corporation

CRS US

CRS USCarpenter Technology Corporation

United States Composite

101.47

USD

+4.38

(+4.51%)

2.62EPS Dil.

38.15P/E

4.97BMarket Cap

0.80%Div. Yield

Next Earnings

January 24

Ex-Dividend Date

October 23

Dividend Date

December 7

Held by Insiders

2.36%

Held by Institutions

95.61%

Short % of Float

2.75%

Use logarithmic scale

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	37.98	43.07	42.94	40.77	42.33	37.7	38.25	45.71	49.9	45.35	30.55	37.86	52.26	55.02
Basic EPS, GAAP	1.61	2.57	2.77	2.49	1.12	0.23	1	3.99	3.5	0.03	-4.75	-1.01	1.16	2.66
Free Cash Flow per Basic Share	-0.35	-0.25	-2.3	-2.06	2.13	3.37	0.68	1.57	1.09	1.26	3.1	-1.76	-1.39	3.65
Dividend per Share	0.73	0.72	0.72	0.72	0.72	0.72	0.73	0.73	0.81	0.81	0.81	0.81	0.81	0.81
Book Value per Share	29.38	26.4	28.27	29.87	31.97	34.02	34.19	37.18	39.69	38.62	32.88	30.88	31.02	31.85
Tangible Book Value per Share	15.9	14.17	18.01	21.94	19.81	17.1	18.61	24.45	23.73	23.06	23.06	21.83	23.15	25.32
Basic Weighted Avg Shares	44	47	53	53	53	48	47	47	48	48	48	48	49	49
Sales/Revenue/Turnover	1,675	2,029	2,272	2,173	2,227	1,813	1,798	2,158	2,380	2,181	1,476	1,836	2,550	2,719
Operating Margin (%)	5.94	10.93	10.24	9.76	6.31	4.53	6.94	8.77	10.14	5.89	-12.14	-1.36	5.22	10.73
Depreciation Expense	66	84	104	112	122	119	118	117	122	124	124	131	131	134
Net Income, GAAP	71	121	146	133	59	11	47	188	167	2	-230	-49	56	131
Effective Tax Rate (%)	18.34	35.52	32.43	32.38	34.12	47.44	33.05	- -	22.69	75.41	- -	- -	22.21	21
Profit Margin (%)	4.24	5.97	6.45	6.11	2.64	0.62	2.61	8.74	7.02	0.07	-15.56	-2.67	2.21	4.83
Working Capital	762	696	860	764	748	712	698	816	820	814	811	744	822	1,000
LT Debt	408	306	604	604	604	611	550	546	551	602	694	692	693	694
Total Equity	776	1,113	1,303	1,504	1,326	1,105	1,199	1,486	1,520	1,446	1,392	1,330	1,396	1,503
Return on Invested Capital (%)	7.68	10.22	9.18	7.12	4.57	2.37	4.74	- -	9.06	1.46	- -	- -	5.01	10.58
Return on Capital (%)	5.06	7.58	8.23	6.73	3.49	1.18	3.04	- -	7.87	0.25	- -	- -	4.83	8.17
Return on Common Equity (%)	5.56	9.05	10.19	8.63	3.67	0.71	2.95	11.24	9.18	0.08	-13.4	-3.2	3.76	8.6

Capital Structure

•

in mil. unless spec.

Working Capital

•

in mil. unless spec.

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)	10 years	5 years	1 year
Sales/Revenue/Turnover	3.17%	6.58%	38.88%
Net Income, GAAP	-1,533.96%	-3,162.13%	-214.87%
Free Cash Flow	-15.87%	-8.83%	-20.75%
Total Cash Common Dividend	0.39%	2.85%	0.51%
Total Equity	1.36%	-1.16%	4.93%

Growth Rates

•

in mil. unless spec.

Quarterly Revenue

•

in mil. unless spec.

Quarterly Earnings Per Share

•

in mil. unless spec.

Quarterly Dividends Per Share

•

in mil. unless spec.

Company Description

CEO: Mr. Tony R. Thene
Full Time Employees: 4,500
Sector: Industrials
Industry: Metal Fabrication
Address: 1735 Market Street Philadelphia PA United States 19103
IPO Date: Feb 21, 1973
Website: www.carpentertechnology.com
Business: Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as additives, and metal powders and parts. It serves to aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.

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	Sep'24	Dec'24	Mar'24
ST Debt	9	22	9
LT Borrowings	693	694	694
LT Finance Leases	- -	- -	- -
Preferred Equity and Hybrid Capital	- -	- -	- -
Shares Outstanding	49	49	49
Market Capitalization	3,391	3,552	3,479

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	37.98	43.07	42.94	40.77	42.33	37.7	38.25	45.71	49.9	45.35	30.55	37.86	52.26	55.02
Basic EPS, GAAP	1.61	2.57	2.77	2.49	1.12	0.23	1	3.99	3.5	0.03	-4.75	-1.01	1.16	2.66
Free Cash Flow per Basic Share	-0.35	-0.25	-2.3	-2.06	2.13	3.37	0.68	1.57	1.09	1.26	3.1	-1.76	-1.39	3.65
Dividend per Share	0.73	0.72	0.72	0.72	0.72	0.72	0.73	0.73	0.81	0.81	0.81	0.81	0.81	0.81
Book Value per Share	29.38	26.4	28.27	29.87	31.97	34.02	34.19	37.18	39.69	38.62	32.88	30.88	31.02	31.85
Tangible Book Value per Share	15.9	14.17	18.01	21.94	19.81	17.1	18.61	24.45	23.73	23.06	23.06	21.83	23.15	25.32
Basic Weighted Avg Shares	44	47	53	53	53	48	47	47	48	48	48	48	49	49
Sales/Revenue/Turnover	1,675	2,029	2,272	2,173	2,227	1,813	1,798	2,158	2,380	2,181	1,476	1,836	2,550	2,719
Operating Margin (%)	5.94	10.93	10.24	9.76	6.31	4.53	6.94	8.77	10.14	5.89	-12.14	-1.36	5.22	10.73
Depreciation Expense	66	84	104	112	122	119	118	117	122	124	124	131	131	134
Net Income, GAAP	71	121	146	133	59	11	47	188	167	2	-230	-49	56	131
Effective Tax Rate (%)	18.34	35.52	32.43	32.38	34.12	47.44	33.05	- -	22.69	75.41	- -	- -	22.21	21
Profit Margin (%)	4.24	5.97	6.45	6.11	2.64	0.62	2.61	8.74	7.02	0.07	-15.56	-2.67	2.21	4.83
Working Capital	762	696	860	764	748	712	698	816	820	814	811	744	822	1,000
LT Debt	408	306	604	604	604	611	550	546	551	602	694	692	693	694
Total Equity	776	1,113	1,303	1,504	1,326	1,105	1,199	1,486	1,520	1,446	1,392	1,330	1,396	1,503
Return on Invested Capital (%)	7.68	10.22	9.18	7.12	4.57	2.37	4.74	- -	9.06	1.46	- -	- -	5.01	10.58
Return on Capital (%)	5.06	7.58	8.23	6.73	3.49	1.18	3.04	- -	7.87	0.25	- -	- -	4.83	8.17
Return on Common Equity (%)	5.56	9.05	10.19	8.63	3.67	0.71	2.95	11.24	9.18	0.08	-13.4	-3.2	3.76	8.6

	Sep'24	Dec'24	Mar'24
Total Current Assets	1,322	1,410	1,453
Accounts Receivable, Net	511	508	521
Cash, Cash Equivalents & STI	18	16	54
Inventories	707	798	796
Total Current Liabilities	449	486	453
Payables & Accruals	343	352	303
ST Debt	9	22	9
Deferred Revenue	11	14	14

Year	Q1	Q2	Q3	Q4	FY
2022	388	396	489	564	1,836
2023	523	579	690	758	2,550
2024	652	624	685	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2022	-0.31	-0.6	-0.15	0.05	-1.01
2023	-0.14	0.13	0.38	0.78	1.16
2024	0.89	0.86	0.13	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2022	0.2	0.2	0.2	0.2	0.81
2023	0.2	0.2	0.2	0.2	0.81
2024	0.2	0.2	0.2	- -	- -